Islamic Finance: Developments in a Changing Environment

The Centre for Islamic Thought & Education (CITE) would like to invite you to a one day Symposium on Islamic Finance.

This Symposium will focus on current developments in the Islamic financial markets such as the recent turmoil associated with sukuks occasioned by the service default of a major UAE borrower and the doctrinal controversy that has set off. Also of interest are Australian regulatory constraints and entry barriers hampering the growth of Islamic financial products and services. In common with rapid developments in the broader financial marketplace, a further challenge to Islamic finance is whether the industry is able to withstand and stay abreast of such rapid changes. Other problems of interest are: vexed taxation and compliance issues facing the nascent industry in Australia and other countries with Muslim minorities; why competition remains a real problem for many Islamic finance providers operating either as mortgage brokers or tightly controlled financial intermediaries without the ability to raise funds in the money market. 

Dr Mahmood Nathie is the coordinator of this event. He is a Senior Research Fellow at CITE with expertise in the field of Islamic finance, Islamic law, corporate finance, accounting and SME business. His interest includes researching and developing Islamic equity and debt financing structures, sukuk structuring, Islamic equity and exchange traded funds and takaful. Together with overseas partners, he is currently conducting research in the area of Islamic financial literacy contextualised to Australia and Indonesia.